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In the boardroom
Versacorp was back in the boardroom to face
Donald and his associates. Carolyn wanted to know why
Katrina, an expert in real estate, didn't negotiate the rent.
Katrina said that she had concentrated on the renovation and delegated
the negotiations to
Bill.
Donald said that the team did an excellent job with the renovation, but
a bad job with the negotiation.
Donald
was also surprised at
Tammy's comment in which she said that her team had been duped. He
didn't understand why
Tammy would publicly attack her own team. Once
Katrina,
Tammy, and
Bill left
the
boardroom,
Donald looked to his associates for advice. Carolyn said that she was
troubled by
Tammy, who contributed nothing to the task. Bernie was bothered by
Katrina's attack on
Bill's negotiating ability when she brought him only one potential
customer. The three
Versacorp team members were called back in.
Donald said that
Katrina was in charge of both renovation and negotiations but that she
seemed only to concentrate on the former.
Donald then told
Bill that he should have gotten more money for the apartment. But,
Donald thought that
Tammy's disloyalty was so egregious that he had no choice.
Tammy was fired!
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Commentary
Lessons Learned
Show No Mercy
"In business as in sports achievement is competitive on both the
individual and group level. If you ignore the competition, you ignore
the achievement." - Alfred Sloan
- Identify and neutralize your company's competition and your own
competition.
- Pay attention to both internal and external competition in the
business world.
- Remember that in the world of the high achiever competition is a
way of life.
- Learn what must be done in order to outperform other people and
institutions.
- Never forget that your main goal is to become a leader.
- Don't hold grudges.
- Focus on the best ways to win in every situation.
- Know that internal competition is what makes high-level external
competition possible.
- Don't concentrate exclusively on helping your team, but rather on
helping yourself and your team.
Gold Stars:
***
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| The Report Card |
Protege:
- Effort --
- Performance --
- Creativity --
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Versacorp:
- Effort --
- Performance --
- Creativity --
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